A collection of best practice articles to help grow companies with an emphasis on finance. The goal of the blog is to explain how these best practices work, enabling anyone to put these ideas to immediate use. Articles are written by Matt H. Evans, CPA, CMA, CFM

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NOTE: Effective January 1, 2017, I will no longer post new articles since I am now fully retired.

Tuesday, March 29, 2016

Part 1 of this article laid the groundwork for transforming managers
into coaches. Part 2 of this article will focus on what every manager
can do to become a great coach. Much of this transformation from manager
to coach is rooted in the relationships a Manager has with co-workers.
In their book Stop Managing, Start Coaching, authors Jerry W. Gilley and
Nathaniel W. Boughton describe nine key components behind a
manager-employee relationship:

Friday, March 18, 2016

There are
plenty of programs to help build and develop human resource capital within the
organization; things like personal balanced scorecards, emotional intelligence,
and the 360 Degree Evaluation. However, trying to implement these solutions is not
easy. Additionally, many of these initiatives involve considerable effort with
somewhat mixed results. What we need are very informal, straightforward
approaches to managing people for higher levels of performance. The answer may
reside in coaching. Coaching has been very evident in sports – we've all seen
how great coaches can turn a team of players into champions. And now coaching
has emerged as a rapid, easy and sure-fire way for managing people.

Monday, March 7, 2016

The shared economy has become very real and can no longer be
ignored by all businesses. According to PriceWaterhouse Coopers, the shared
economy is likely to grow from $15 billion in 2013 to $335 billion by 2025. Part
of this growth is out of necessity. Cities are becoming very urban and this is
where everyone is migrating to; thriving in a world that increasingly is
getting very crowded. You can’t continue to add more cars, hotels, and other
infrastructure. Instead, people are adjusting and accepting the fact that a
better way is to share the infrastructure in highly concentrated environments. Businesses
will need to adjust to this new reality and recognize several lessons from the
shared economy.